Summary:

An opportunity has arisen for a savvy investor to participate in a 5 star resort development in the final stage of completion. The development is a villa-style resort consisting of 133 residential units, located on the west coast of Phuket island in the south of Thailand.

The current owners wish to invite an additional investor into the project in order to fast track the resort for a soft opening in late 2010. All the groundwork has been done, a 15-year (owner friendly) management agreement is in place with a world renowned hotel management company.

The rate per share being sought represents less than 50% of the estimated value of the resort upon completion. This is currently one of the most attractive investment opportunities in Phuket.

Volume of Investment invited:

A minimum of THB 30 million (approx. USD 925,000) for a 5% stake in the holding company & resort shares phase 1 & 2. There is scope for an increased  stake of up to 20%, depending on the desire of the investor.

Additionally, the investor has the option to build a residential unit behind the resort on cost base, together with the construction of phase 2.

Financial Information *:

Total Project Volume:                          THB 600 million (approx. USD 19 million)

Anticipated Capital Appreciation:      50% in year one

Estimated Annual Return:                    25 – 30% per annum, once the resort is established and operating

Current Debt to Equity Ratio:             20% (land, buildings & infrastructure on site)

 Property Size:                                     16.3 rai  =  26,080 sqm (all Nor Sor 3 land titles)

 Un-utilised loan facility:                     THB 85 million by Siam City Bank. Combined with the invited investment sufficient to complete phase 1 of the project, and to secure the soft opening scheduled for late 2010.

Further details will be provided to a serious investor upon signing of a confidentiality agreement.

 * Financial information and projections as provided by the project owner.  REAL Vision Asia Co., Ltd. is not responsile for the accuracy and completeness of the information provided.